Pak Suzuki Motor Company Limited (PSMCL) has ceased production at its Karachi plant due to delays in CKD kit approvals, exacerbating challenges in Pakistan’s automotive sector.

Moreover, the shutdown, which follows Toyota Indus Motor Company’s recent production halts, has led to significant financial losses for PSMCL and a drop in government tax revenue.

Read More: 1,000 graduates to be sent to China as Pakistan aims to boost Agri exports: PM Shehbaz

In addition, IMC has experienced consecutive production stoppages over the past month due to parts shortages, further straining the industry.

Furthermore, experts urge immediate government action to resolve these issues and restore investor confidence.

Web Desk
About Author
Web Desk

Aamir Khan, with a knack for economics and business news, is currently working at Azaad English.

View All Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts